Government Contracts Insights
Our Government Contracts group has created four guides specific to federal contracting as a minority-owned small business. Minority-owned businesses often face unique challenges in the public procurement process due to systemic barriers embedded in the process. These barriers affect minority-owned business at all stages of the process—from solicitation and bidding to completion—and put these businesses at a disadvantage compared to their counterparts. Even after accounting for fewer minority-owned businesses, the share of government contracts won by other firms has remained disproportionate to their share of the industry.
These guides will cover the inherent roadblocks for minority-owned businesses; Small Business Administration (SBA) programs designed to help small businesses secure a foothold in government contracting; an overview of the SBA's 8(a) Business Development program; and an overview of SBA-backed loans available to minority-owned business enterprises.